Vietjet has received the certificate of IATA Operational Safety Audit (IOSA) from the International Air Transportation Association (IATA), putting it in the top 16 per cent of the world’s airlines which have achieved that standard. Vietjet also received an Acknowledgement Certificate from Prime Minister of Vietnam Nguyen Tan Dung for its continuous contributions to the development of Vietnam’s economy and society in recent years.
The carrier noted these are major accomplishments and a “hugely significant milestone” in the airline’s development path. IOSA certification is a confirmation of the commitment of an airline to deliver safe operations based on the principles stated in the IOSA Standards Manual.
Vietjet’s technical reliability ratio has also been registered at 99.49 per cent, a highly impressive rate.
Speaking at the event, Blair Cowles, IATA’s Asia-Pacific regional director for safety and flight operations, said: “IOSA is an internationally accepted and recognised evaluation system designed to assess the operational management and control systems of an airline. IOSA certification involves a great deal of hard work and requires a significant commitment of people, time and resources. I would like to congratulate Vietjet for making that commitment and obtaining IOSA certification.”
Luu Duc Khanh, managing director of Vietjet said: “The IOSA certification shows that flight safety assurance is Vietjet’s top priority – this is especially impressive considering that the aviation industry in the world and the region has been growing faster and faster in terms of fleet expansion, flight network, and passenger and cargo transportation capacity over recent years.”
Despite anticipated difficulties and challenges following the deadline for the ASEAN Economic Community, Vietjet still posted impressive business results in the first six months of 2015, growing at 205 per cent year-on-year and amassing revenue of VND5.7 trillion (US$ 258 million).
Vietjet currently operates a fleet of 26 aircraft of A320s and A321s with 33 domestic and international routes from Vietnam to Thailand, South Korea, Cambodia, Singapore, Taiwan and China.